Agbalowomeri:


I invested something similar around the same time. I think they gave back to back 1:3 bonuses for three years before that Calabar man misadventures. All in all, it was a good school fees to pay. I never bothered to recover anything that was left there

Locotrader:


Why the exclamation?!!!!!!
That means you are new in this business Nah.
Do you know I invested in union homes at 8+ in 2008 and also starcomms at 1+,I didn't see kobo to recoup from my 1.2 m naira investment then.
This is one of the reasons I became an emergency Jijoist till date.
Never fall in love with any stock.

phadriz:
Sorry about that. I pray similar stuff won't repeat itself soon in NGX because the rate at which some moribund stocks are appreciating these days without fundamentals is worrisome.

defebe:


Dude calm down, this is a faceless forum and u don't know who I am. All I can tell you is I'm not a kid when it comes to naija stock..so take a chill pill and relax.

Locotrader:


Shouting what!!! Means you are surprise to hear that.
Let our actions judge us and reveal who we are.....

Locotrader:


Shouting what!!! Means you are surprise to hear that.
Let our actions judge us and reveal who we are.....

megawealth01:
Oando has just Monday before the long awaited judgement day

defebe:


Surprised to hear what?. How much did u lose during the 2008 stock tsunami that you are here talking trash..so typing "what"means one is suprised at getting 50k on a 500k investment? And that gives u they reason to talk down on someone? Dude grow up or deactive ur account like you did previously cos things did not go as you forecasted. Rubbish!

mikeapollo:


The court is likely to order Oando to fix a date for the extraordinary AGM (within a time frame) so that shareholders could vote and determine their acceptance or rejection of the buyout offer.
If the shareholders reject and there is another new/improved offer price from Oando, then it means they really want to delist and they may push for it. Otherwise, Oando would continue to be listed and then we continue to die there!

essentialone:
I received a pay-off from Union Bank yesterday afternoon. I nearly shed tears of sadness. I obtained a loan of five hundred thousand naira in 2005, as a civil servant, and invested same on Union Bank shares, with no appreciable dividends declared, since then.
I was paid fifty thousand naira yesterday, for five hundred-thousand-naira investment in 2005. This is sad, and unfortunate. A discouragement on investing in shares, which I believe now should be for those who wish to trade in shares, and not for civil servants, who are thinking of life, after retirement.
Most of our investment on shares, between 2003 and 2008, were wasted by some Directors, of the quoted companies.

defebe:


@defebe
Explain to us what you mean by "what!!!" so next time we wont misinteprete ur expression as being surprised since we cant see your face. .
newbie no be insult Ooo
Some Oldiees sefs dey call themselves newbie for this platform sometimes.
One no fit know dis stock analysis and paralysis finish

mikeapollo:


The court is likely to order Oando to fix a date for the extraordinary AGM (within a time frame) so that shareholders could vote and determine their acceptance or rejection of the buyout offer.
If the shareholders reject and there is another new/improved offer price from Oando, then it means they really want to delist and they may push for it. Otherwise, Oando would continue to be listed and then we continue to die there!

mikeapollo:


The court is likely to order Oando to fix a date for the extraordinary AGM (within a time frame) so that shareholders could vote and determine their acceptance or rejection of the buyout offer.
If the shareholders reject and there is another new/improved offer price from Oando, then it means they really want to delist and they may push for it. Otherwise, Oando would continue to be listed and then we continue to die there!

Locotrader:


Shouting what!!! Means you are surprise to hear that.
Let our actions judge us and reveal who we are.....

essentialone:
I received a pay-off from Union Bank yesterday afternoon. I nearly shed tears of sadness. I obtained a loan of five hundred thousand naira in 2005, as a civil servant, and invested same on Union Bank shares, with no appreciable dividends declared, since then.
I was paid fifty thousand naira yesterday, for five hundred-thousand-naira investment in 2005. This is sad, and unfortunate. A discouragement on investing in shares, which I believe now should be for those who wish to trade in shares, and not for civil servants, who are thinking of life, after retirement.
Most of our investment on shares, between 2003 and 2008, were wasted by some Directors, of the quoted companies.

Streetinvestor2:
And is possible wale will go thr to close the case if he was not truly behind the delisting. I read somewhere that at the agm he said the aggrieved shareholders have left. Or settled if I am not wrong. I have strong believe if he initiated the delisting. The #7 plus can not stand with the present nigeria economy. I pray he didn't initiate it because no one can stop him either at the agm or court.
Note: I still have my #18 investment in ondo. God hear our prayers

emmanuelewumi:



He was surprised he allowed that to happen to him

Streetinvestor2:
And is possible wale will go thr to close the case if he was not truly behind the delisting. I read somewhere that at the agm he said the aggrieved shareholders have left. Or settled if I am not wrong. I have strong believe if he initiated the delisting. The #7 plus can not stand with the present nigeria economy. I pray he didn't initiate it because no one can stop him either at the agm or court.
Note: I still have my #18 investment in ondo. God hear our prayers

emmanuelewumi:





Why did you hold on till now, I used to have Union Bank, Skye Bank, Intercontinental Bank, Afribank.

But I just lucky, I didn't go down with those banks.


Once the fundamentals start to deteriorate with no solution in sight, na to sell the shares

KayOn1:


Sorry for your loss then take it as your school fees. At least you got something back. ResortSAL some of us bought the Private placement and management deceitfully gave 1.1 after IPO, how far? Not to talk of Standard Alliance & UNHomes.

Take is as a call to invest the time and energy needed to develop mastery in this field if you intend to do this. There's a level of confidence that comes with being highly knowledgeable in what you do (a lot of examples abound in the forum).

It will be EXPLOSIVE!!!.

megawealth01:


Yes he said something about paying them off as Oando was mandated... He even said dividend payments will start soon... He carefully avoided the court or delisting lines during AGM... Even when the chairman was attending to questions he was acting as if he was pressing his lil screen toy

Streetinvestor2:
Many civil servant bought and forgot about it like landed property,I inclusive.
Then we had no investment discussion like this and investment education. The analog brokers caused plenty harm because thr staff gave uninformed analysis and information

mikeapollo:


Wale said Oando was compelled by SEC to pay off the aggrieved shareholders the equivalent of USD600m, and this created a big cashflow and other problems for the company.

Locotrader:


Which other prayer do you want.
For prayer to be answered, there must be agreement.
Nsempa oando shareholders are already in agreement.
I am now tempted to join you guys.
This must be the stock customstreet is referring to because he added "very soon".

Streetinvestor2:
I equally believe it is the stock
I feel information of what may play out at the court has filtered into custom Street. You know his is always insider infor

Streetinvestor2:
Many civil servant bought and forgot about it like landed property,I inclusive.
Then we had no investment discussion like this and investment education. The analog brokers caused plenty harm because thr staff gave uninformed analysis and information

emmanuelewumi:




Reason why real estate is the easiest and the best for most people.


In 2006, that 500k will buy 2 plots of land at Agric Ikorodu with a current market value of N15 million to N20 million

femu:


What do you feel about Zenith, Gtco, Mansard, Fidelity BUA cement and Dangcem?

sboga:
kai

$500 k - Investment
$50 - ROI

ppl lie loco still dey worry ur dead dey do velificate
dey come post rate pic say an him e b a rasta wid broken teet.
SOme1 dey use slippa slap him come break hin teet
d guy dey use diff monikas to confuz mindz
NA 2008 GO CAUSE SOMEONE TO BECOME LIKE DAT 4 REST OF DIA LIFE